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By trying to appeal to everyone and adding features left, right and centre, you will actually dilute your message and could end up with a complex, bloated product. Having a clear focus means it’s easier to communicate what your product is and who it’s for. People who focus exclusively on efforts that matter, succeed.
Most incubators take common stock and sit “side-by-side&# with the founders, but some may want some (weak) preferred stock and/or dilution protection. If the incubator doesn’t take its class “stealth,&# take a look at what the incubator does to market itself and its incubated startups.
But once we got out of stealth, it actually didn’t make sense to be quiet afterwards. But not to try to dilute your own thesis, your own theory of the game, your own way of saying, “This is the magic that we’re providing to our customers, to our ecosystem.” There was not much reason to talk a whole lot more about it.
But once we got out of stealth, it actually didn’t make sense to be quiet afterwards. But not to try to dilute your own thesis, your own theory of the game, your own way of saying, “This is the magic that we’re providing to our customers, to our ecosystem.” There was not much reason to talk a whole lot more about it.
Number six is an interesting one and this mainly applies to technology companies or people who are building products is remaining stealth too long and with that is also being slow to launch. Bigger than that was we had an operating agreement that had a non dilution clause for him and I don’t want to get into the weeds of that.
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